Golden Box Breakout

Golden Box Breakout is an automated Expert Advisor for MetaTrader 5 built for gold (XAUUSD).

How it works

Every trading day the advisor measures the highest and lowest price of a fixed server-time window (by default 03:05 to 06:05). When the window closes it draws the box on the chart and places a Buy Stop at the box high and a Sell Stop at the box low. Whichever side breaks first is traded. In the default single-trade mode the opposite order is cancelled as soon as one side fills. If price has already moved through a box edge when the orders are due, the advisor enters that side at market instead. At a fixed daily time (default 18:55) every remaining order is deleted and every open position is closed, so no position is held overnight.

Every position has a stop loss from the moment it is opened. The stop is set as a percentage of the entry price (default 1.0%), so it adapts to the price level of gold automatically. A take profit based on a multiple of the box size is optional.

Risk management

• Risk per trade as a percentage of balance, a fixed money amount, or a fixed lot size
• A maximum-lot safety cap that applies in every mode
• Choice of what happens when the requested risk is smaller than the broker's minimum lot: trade the minimum lot, or skip the trade
• Volume, free margin, broker stop level and pending-order limits are checked before every request, so the server is never sent an order it would reject
• An optional maximum spread for market entries

Prop-firm consistency guard (optional, off by default)

Many funded-account programs require that the best trading day stays below a set percentage of total profit. When this guard is enabled, the advisor keeps a record of every day's account result and calculates how much profit today may reach without breaking that rule. When today's profit gets close to that limit, the advisor closes its positions and stops for the day. You set the percentage your firm uses. A push notification can warn you before the cap is reached. If you also run BTC Box Breakout on the same account in the same terminal, both advisors share one record, so the rule is applied to the whole account.

Other features

• Optional safe pyramiding: adds up to 3 positions as price moves in your favour, each add using the previous entry as its stop loss (off by default)
• Optional randomization of entry time, stop distance, lot size and close time by small amounts (off by default)
• Restart-safe: after a terminal or VPS restart the advisor resumes the day where it stopped and never places duplicate orders
• On-chart status panel showing the box, today's high and low, status and risk settings
• Unique magic number per symbol and account, or set your own, so it runs alongside other advisors

Backtest results (for information only; past results do not guarantee future results)

Strategy tester, XAUUSD H1, 1-minute OHLC modelling, 1 January 2020 to 30 September 2026, 10,000 USD starting balance, default settings (0.5% risk per trade, 1.0% stop loss):

• Net profit: 5,928 USD (+59%)
• Profit factor: 1.26
• Maximum equity drawdown: 8.1%
• 1,726 trades, 51.6% winning
• By year: 2020 +5.7%, 2021 +14.4%, 2022 +3.4%, 2023 -4.4%, 2024 +9.6%, 2025 +9.0%, 2026 (to 30 September) +11.5%

These figures come from a low-spread broker's price history. Results on your broker will differ with spread, commission and server time zone. Please run your own backtest with the free demo before buying.

Recommendations

• Symbol: XAUUSD (Gold). The advisor runs on any chart timeframe because it reads 1-minute data internally; H1 is convenient.
• Broker: a low-spread gold account. Wide spreads and high commissions reduce the results.
• Server time: the default times assume a GMT+2/GMT+3 server (the most common setup). If your broker uses a different time zone, shift the box and close times by the difference.
• Minimum balance: about 1,000 USD for the 0.01-lot minimum. At 1.0% stop loss one 0.01 lot of gold risks roughly 40 to 50 USD, so below about 9,000 USD the minimum lot risks more than 0.5% of balance. Use the "If risk is below broker min lot" input to decide what happens then.
• Use a VPS so the advisor sees the box window and the daily close every day.

Input parameters

Range Time Settings

• Range Start Hour / Minute, Range End Hour / Minute: the server-time window that forms the box

Session Close Settings

• Close/Delete Hour / Minute: daily time when orders are deleted and positions are closed

Risk Settings

• Risk Mode: % of balance, fixed money amount, or fixed lot
• Risk % of Balance / Fixed Risk $ per Trade / Fixed Lot Size: the value for the selected mode
• Stop-Loss % from open price
• MAX Lots Safety Cap: upper limit for any single position
• If risk is below broker min lot: trade the minimum lot (true) or skip the trade (false)
• Use Take Profit / Take Profit Factor (x box size)

Trade Direction

• Trade Both Directions: keep the opposite stop order after the first fill (false = one trade per day)

Visual Settings

• Range Box Color, Transparency, Show High/Low Labels

EA Settings

• Slippage (points), Magic Number (0 = automatic), Max Spread for market entries (0 = off)

Prop-Firm Consistency Rule

• Enable, Best Day Max % of Total Profit, net or profitable-days basis, minimum daily cap, optional fixed daily cap, alert level, and two seed values for an account that already has a trading history

Compounding / Pyramiding Settings

• Enable, trigger distance in pips, number of adds, add size multiplier, move stop to previous entry

Randomization Settings

• Enable, maximum entry delay, lot variance %, stop-loss buffer, close-time variance

Notes

The advisor does not use martingale, grid or averaging. It does not use DLLs or external files and does not connect to any web service. Set files and a user guide are available to buyers on request through MQL5 private messages, and in the product's Comments section.

Trading leveraged products carries a high level of risk and may not be suitable for everyone. Only trade with money you can afford to lose.